At this moment in time, all signs seem to be suggesting that Dan Friedkin will be the new Everton owner in the coming months.
That is, if he can prove that he is fit and ready to buy into the Premier League, doing what 777 Partners could not and providing the much-needed proof of cash to get into power.
With a bid lodged as of this week, and talks progressing, we have now been handed a fresh update on this latest suitor who seems set to actually make a dent in this takeover saga.
Sky Sports provide Everton takeover update
Speaking to Sky Sports just yesterday, reporter James Cole was asked to profile the proposed takeover bid, who remains interested, and what the next steps are for Friedkin, the new outstanding frontrunner.
His coverage was rather comprehensive, as he noted: ‘The Friedkin groups’ chairman is Dan Friedkin. He’s an American businessman and film producer whose net worth is estimated to be £4.8bn. He’s also owned Roma since 2020.
‘Friedkin has been in talks with Everton owner Farhad Moshiri with a view to buying his 94% stake, and is now expected to be given a period of exclusivity having been preferred ahead of a number of other rival bids.
‘This latest attempt to buy Everton follows the failed takeover attempt by the troubled US investment group 777 Partners. There’s also been interest from other groups including UK businessmen and Everton fans AJ Bell and George Downing. Everton themselves are not commenting on the takeover.’
Who is Dan Friedkin?
Born in San Diego, California, the American took over from his father to become the CEO of both Gulf States Toyota and the Friedkin Group at the age of just 35.
Now, nearly 30 years on, he has an estimated net worth to rival most of the Premier League’s owners, and the necessary knowhow to run a football club given he has been with AS Roma for a number of years now too.
Leading them to their first-ever European title with Jose Mourinho at the helm, he has failed to turn them into the Serie A title challengers he would have dreamed of, but should remain pleased with three consecutive sixth-placed finishes in recent years.
Now ready to take them to the next level, the hope is that his ties with this historic Italian club could help in Everton’s revival too.
This multi-club proposition already seems far more favourable than the one they would have been joining with 777 Partners.
